A Lathe Is Listed for $477

question 11

Essay

A lathe is listed for $477.00 less 19 %, 9%, 7.7%.
a) What is the net price?
b) How much is the amount of discount allowed?
c) What is the equivalent single rate of discount that was allowed?

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Definitions:

Individual Components

Distinct parts or elements that make up a complex product, system, or assembly.

Repair Speed

The rate at which damaged or malfunctioning products or equipment are restored to working order.

Providing Redundancy

The act of incorporating extra components, systems, or processes to increase reliability and avoid failure in case of a component breakdown.

Backup

Backup refers to the process of copying and archiving computer data so it may be used to restore the original after a data loss event.